Took a break from this place, I’m back! New fed chair Walsh can rip this market if he wants to should be an interesting rest of the year. Will be posting a lot more market commentary and charts
$SPY $QQQ
Seems everyone on here is expecting a sell the news event for #FOMC it usually never does what the masses think.
Probably a fake to the downside to sucker in shorts then rip it.
$ARKK Broke out of the recent consolidation pushing off the 10&20 moving averages. With $TSLA and $COIN looking really good I could see this as the start of the next leg up.
I was hoping for one more recoil before breaking out under the pivot to enter but I'll be patient after multiple gap ups and look for a failed breakout squat to the moving averages to enter off of to shakeout all the breakout traders and provide a good entry spot.